Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ferrari's first ever electric car sold for record $40m at auction
Ferrari's first ever all-electric car has fetched $40m (£29.5m) in a charity sale, setting a record for a new car sold at auction. The Sotheby's auction in California raised more than 35 times the usual price of a Ferrari Luce. The auction…
There's Pretty Much No Good Way to Fight an Electric Vehicle Fire, New Study Finds
Can't-miss innovations from the bleeding edge of science and tech Electric vehicles offer plenty of benefits. There's the instant torque, savings on fuel — and, of course, they're much kinder to mother Earth. Yet compared to vehicles powered…
Europe emerges top destination for India's electric car shipments in Q1
Europe emerged as the top destination for Indian electric motor car shipments in the first quarter of 2026-27, with the United Kingdom ranking as the second-largest market and recording imports worth $78.7 million, compared with negligible…
Ferrari has last laugh as first electric car sells for $57m
Monterey | Ferrari's first all-electric car was met with derision, mockery and an 8 per cent fall in the company share price when it was unveiled in May. But that hasn't dampened its sale price. The Luce was described as “an aesthetic and…
Porsche to end production of flagship electric car: Report
Struggling German sports car maker Porsche plans to end production of the Taycan, its flagship fully electric model, by 2030 after steadily dwindling sales, a report said Thursday (Aug 13). The manufacturer announced last year a major rollback of…
Los Angeles just committed $195 million to flip 340 megawatts of peak grid demand into a resource it can dial up or down, and the shift in who controls when your electric car charges is already spreading to 32 states
Every evening, millions of American electric vehicles plug in within the same two-hour window. That overlap creates a demand spike that lands precisely when the rest of the grid is still strained from the afternoon peak, and utilities are running…
Ferrari Luce: Polarizing EV becomes a $40 million collector's item
A bespoke model of Ferrari's first fully electric vehicle sold for $40 million in a charity sale, setting a record for a new car sold at auction. The auction comes nearly three months after the unveiling of Ferrari's first fully electric car, which…
Musk's headaches: meet China's corporate matrix challenging his empire
US entrepreneur Elon Musk has long been highly respected in China. His business ideas – from electric cars to rockets, humanoid robots and brain implants – have spawned Chinese followers, many of which now pose growing threats to…
EV adoption is stagnating among racial minorities in California. That's a red flag on multiple fronts
In 2022, automaker Lexus linked up with Marvel's “Black Panther” franchise for a commercial promoting the company's inaugural American electric vehicle, the RZ 450e. It featured actress Danai Gurira, who plays General Okoye in the…
I Test Cars Daily-But This Time, An EV's Back Seat Stole The Show
After all, while we test drive new cars virtually every week, we rarely get the opportunity to evaluate them from the perspective that matters most to limousine clients—the back seat—where ride comfort, refinement, quietness…
German Automakers In The Crosshairs As Chinese Momentum Grows
Aion Y EV. Guangzhou Automobile Group's Aion is the latest Chinese brand to launch sales in Europe. (Photo by Subaas Shrestha/NurPhoto via Getty Images) The good news for Europe's automakers is that home sales will rise a bit in 2026. The trouble…
Someone Just Paid $40 Million for the Electric Ferrari Nobody Wanted
Rather than allowing a buyer to configure the first production model, Maranello took Chassis 0 directly to its bespoke Tailor Made division. The result is a striking, minimalist design study focused entirely around the concept of light. It features…
£960 boost confirmed for EV drivers who can charge their cars at home
Electric car owners save almost £1,000 more than petrol drivers as more and more opt for EVs. Drivers who are able to charge their electric cars at home can save £960 compared to petrol vehicle owners, according to fresh data from…
AI-driven asset demand is reshaping Asia-Pacific's investment landscape
The world is in the middle of an infrastructure reckoning. According to McKinsey's latest global infrastructure report, a cumulative US$106 trillion in investment is required to meet the world's infrastructure needs through 2040 – a figure…
Geely Auto Profit Slips, Cushioned by Overseas Sales
, China's second-largest electric-vehicle maker, recorded slightly lower net profit in the first half despite a surge in overseas sales, dragged by weaker demand in its home market. Net profit fell 1.8% to 9.09 billion yuan, equivalent to $1.35…
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